Whittier Trust Co. Raises Stock Position in Deckers Outdoor Corporation $DECK

Whittier Trust Co. grew its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 187.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 767 shares of the textile maker’s stock after buying an additional 500 shares during the period. Whittier Trust Co.’s holdings in Deckers Outdoor were worth $79,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Horizon Investments LLC grew its stake in shares of Deckers Outdoor by 4.6% in the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock worth $244,000 after buying an additional 96 shares in the last quarter. Cumberland Partners Ltd boosted its stake in shares of Deckers Outdoor by 0.4% during the 1st quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker’s stock worth $3,130,000 after purchasing an additional 98 shares during the period. Park Place Capital Corp boosted its stake in shares of Deckers Outdoor by 14.9% during the 2nd quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock worth $81,000 after purchasing an additional 100 shares during the period. Tower View Wealth Management LLC boosted its stake in shares of Deckers Outdoor by 1.1% during the 2nd quarter. Tower View Wealth Management LLC now owns 11,148 shares of the textile maker’s stock worth $1,149,000 after purchasing an additional 117 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Deckers Outdoor by 0.8% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,106 shares of the textile maker’s stock worth $1,913,000 after purchasing an additional 140 shares during the period. 97.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.40% of the company’s stock.

Deckers Outdoor Price Performance

Shares of DECK opened at $87.16 on Friday. Deckers Outdoor Corporation has a 1-year low of $86.83 and a 1-year high of $223.98. The company has a 50-day moving average of $108.65 and a 200 day moving average of $108.55. The firm has a market capitalization of $12.93 billion, a price-to-earnings ratio of 12.91, a PEG ratio of 3.92 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.24. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.25%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the business posted $1.59 EPS. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, equities analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DECK has been the subject of a number of recent analyst reports. Raymond James Financial set a $115.00 price target on shares of Deckers Outdoor and gave the stock a “strong-buy” rating in a research note on Friday. Needham & Company LLC dropped their price target on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating for the company in a research note on Friday. UBS Group reaffirmed a “buy” rating on shares of Deckers Outdoor in a research note on Friday. Stifel Nicolaus set a $127.00 price target on shares of Deckers Outdoor in a research note on Tuesday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $119.58.

About Deckers Outdoor

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.